Solar Panels Cost 16k-27k in Kingston, TN | October, 2024

Solar Panels Cost $16k-$27k in Kingston, TN | October, 2024

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How much do solar panels cost in Kingston, TN in 2024?

The typical price per watt for solar systems in Kingston, TN in October, 2024 is $3.97/W.

Utilizing this price per watt, you are able to come to the conclusion that for every 1 kW (1000 watts) your solar system can produce, you will have to spend, on average, $3,970 for its installation. In Kingston, after the 30% federal income tax credit, a 5 kW solar system sets you back $13,895. It's important to take into account that a more powerful system might be needed to meet your energy demands.

Use the left-hand menu to choose your area and find out the average roof size and the maximum production capacity for solar panel systems on homes in your county. Additionally, you can also see an analysis of the price, payback period and 20 year average savings for a 5 kW system in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Kingston: $13,895US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Kingston: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Kingston: $17,736US Average: $15,784

Solar Potential in Kingston

Estimated system size and solar electricity production per median viable roof in
Kingston.

Roof size 1,073sq. ft.
Capacity 15kW DC
Electricity 17.7kkWh AC per yr.

Electricity Costs in Kingston, TN & What that Means for Your Solar Panel Pricing

For people living in Kingston, the average monthly electricity consumption is 1,195 kWh, with bills around $156.61. Smaller dwellings, such as townhouses and condos, are also included in the figures mentioned in the prior sentence.

In October 2024, Kingston, TN's average electricity rate amounts to 13.1¢ per kWh.

If you’re an average energy consumer in Kingston, you probably will need a solar panel system sized at 10 kW or more to cover your electricity needs. Right now, a 10 kW setup will have an upfront cost of about $39,700, but the 30% tax credit lowers the cost to $27,790.

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Average solar panel costs by system size in Kingston

On the left side below, the pricing details for different sizes of solar panel systems set up in Kingston is shown. When you opt for a bigger solar system, the cost is larger, but it also results in higher electricity savings and a larger income tax credit.

The solar panel cost calculator, positioned to the right and below, gives a breakdown of costs and benefits using an average $156.61 electric bill for Kingston. Just change the $156.61 to your typical electricity bill for more accurate results.

System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,136 a year
Est. Price
$16,674
Savings from a 6kWthis system
  • Est. yearly production 8,735 kWh
  • Est. monthly savings $95
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 2.52 tons a year
  • Equivalent to planting 116 trees a year
  • Equivalent to driving 6,226 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,325 a year
Est. Price
$19,453
Savings from a 7kWthis system
  • Est. yearly production 10,191 kWh
  • Est. monthly savings $110
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 2.93 tons a year
  • Equivalent to planting 135 trees a year
  • Equivalent to driving 7,263 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,514 a year
Est. Price
$22,232
Savings from a 8kWthis system
  • Est. yearly production 11,647 kWh
  • Est. monthly savings $126
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 3.35 tons a year
  • Equivalent to planting 154 trees a year
  • Equivalent to driving 8,301 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,703 a year
Est. Price
$25,011
Savings from a 9kWthis system
  • Est. yearly production 13,103 kWh
  • Est. monthly savings $142
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 3.77 tons a year
  • Equivalent to planting 173 trees a year
  • Equivalent to driving 9,339 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,893 a year
Est. Price
$27,790
Savings from a 10kWthis system
  • Est. yearly production 14,559 kWh
  • Est. monthly savings $157
  • Full payback in 15 years
Environmental Impacts
  • Reduces CO2 emissions by 4.17 tons a year
  • Equivalent to planting 192 trees a year
  • Equivalent to driving 10,329 mi less a year

Kingston Solar Panel Installation Incentives & Rebates | 2024

The financial burden of installing solar or wind turbines for rural agricultural enterprises and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. If you feel you might be eligible, try our REAP Grant eligibility tool to verify your qualification.

For those looking into residential solar, the 30% federal income tax credit is accessible to nearly everyone, making solar a feasible option in various states. Furthermore, a variety of state and local programs are available to incentivize solar adoption.

There are 2 solar rebate and incentive programs currently offered in Tennessee by multiple utilities and government agencies.

Sales Tax Credit for Clean Energy Technology

Value:Varies

New devices used in the generation, storage, or distribution of "green energy" in Tennessee may be eligible for state sales/use tax exemptions. Qualifying equipment should use solar, wind, geothermal, or hydrogen fuel cell technology and be installed in a Department of Environment-certified facility. To claim the exemption, the installing contractor should submit application paperwork to the Department of Revenue at the time of purchase. The buyer must then fill out a corresponding form. Approved exemptions will be paid as a refund to the contractor.

Pathway Energy Efficiency Loan Program

Value:Varies

Tennessee's Energy Efficiency Loan Program (EELP) is operated by Pathway Lending, a private non-profit operating in multiple states. Through the program, small businesses, local nonprofits, and local governments may obtain special financing for new renewable energy investments and energy efficiency improvements. Repayment plans last up to six years and are typically based on energy savings at below-market interest. To apply, an organization must submit successful proposals and complete an energy audit. Additional information is available from the Pathway Lending website.

Are solar panels worth it in Tennessee?

For homeowners in Kingston who intend to stay in their residence beyond the solar payback period, solar panels make an smart investment. By installing a 5 kW solar system in Kingston, TN, you can expect to save roughly $23,691.4 over 20 years, with the break even point typically being 7 years.

The cost of not having solar panels in Kingston, TN

Without solar panels or another energy backup source, you miss out on the savings highlighted earlier and are completely dependent on your electric utility for power. Total reliance on your utility is not always ideal, as several recent news reports have highlighted.

Annually, customers in Kingston face approximately 2.39 outages each year. The typical duration of each outage is 219.8 minutes. When significant events such as hurricanes, aging infrastructure, or vandalism occur, these time frames can become much longer.

Whether it comes with a backup battery or not, a solar panel system could reduce the burden of any future power interruptions you may encounter.

Power Outages

Currently, 0 customers are being tracked in Roane County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Kingston, TN?

Your Energy Needs - The cost per watt declines with larger solar panel systems, even if the upfront cost is larger. For most consumers, installing a system that can produce enough power to eliminate their entire electric bill is beneficial, providing significant savings.

Make & Model - There are a variety of makes and models of solar panels. As your contractor may prefer particular brands, it's crucial to choose a highly rated company. Buyers who opt for high-quality materials usually enjoy a superior long-term experience.

Solar Panel Type - Monocrystalline panels have emerged as the standard in the industry, and for valid reasons. Although the cost is more, they yield more energy. Many installers use these kinds of panels.

Your Property - Factors like trees, uneven land, or additional hurdles may make the installation more challenging. Today, the majority of solar installers can evaluate your home with satellite images and include these considerations in the first cost estimate.

Labor Rates - The wages that companies give their employees are different, and these expenses are ultimately reflected in consumer prices. It is typical for businesses that provide higher wages to receive better reviews for their services and customer service.

Permitting & Interconnection - The fees for local permitting and utility interconnection, which vary by area, will influence the cost of your installation. Good local installers will integrate these figures into your initial estimates to avoid any surprises.

See what solar panels cost in other TN cities

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Who are the best solar installers in Kingston?

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Power Home Solar

Mooresville, NC(704) 870-3670

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Harvest Solar

Jackson, MI(888) 907-6527

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Consulting on all things solar related.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Tungsten Electric

Nashville-Davidson metropolitan government, TN(615) 491-0206

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

LightEdison

Denver, CO(888) 966-6377

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.

PowerHome Solar

Mooresville, NC(704) 870-3670

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

Solar Plus

Atlanta, GA(470) 378-1182

Services

  • Consulting on all things solar related.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Kingston, TN Solar Panel Cost FAQs

  • During October, 2024, the average price for solar panel installations in Kingston, TN is $3.97/W. After federal tax credits, the installation of a 5 kW solar panel system in Kingston, TN is estimated to cost $13,895.

  • Currently, Tennessee residents can benefit from 2 rebates and incentives available through various utilities and government bodies. Furthermore, almost all individuals are entitled to the 30% federal income tax credit.

  • Although paying in cash ensures the most savings, numerous financing options for solar panels now exist that are cost-effective. Your initial quotes will often include information about financing options provided by installers.

  • Yes, in Kingston, TN, 5 kW solar panel systems usually pay off in 7 years, providing an average electricity cost savings of $23,691.4 over a 20-year period.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01